Personal Financial Advisor

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AVG. SALARY

$90,390

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$90,390

Entry Annual Wage

$59,470

Experienced Annual Wage

$135,470

Average Hourly Wage

$43.46

Entry Hourly Wage

$28.59

Experienced Hourly Wage

$65.13

Median Hourly Wage

$36.96

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $88,300 or $42.45/hr $57,340 or $27.57/hr $128,850 or $61.95/hr
Fargo ND-MN MSA $92,170 or $44.31/hr $59,470 or $28.59/hr $137,460 or $66.09/hr
Grand Forks ND-MN MSA $92,130 or $44.29/hr $54,730 or $26.31/hr $134,140 or $64.49/hr

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
East North Dakota nonmetropolitan area $96,260 or $46.28/hr $59,990 or $28.84/hr $168,760 or $81.13/hr
West North Dakota nonmetropolitan area $89,290 or $42.93/hr $59,990 or $28.84/hr $137,270 or $66.00/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 18%
Job Openings 44 estimated annual job openings
Employment 520 were employed in this occupation

North Dakota's Regional Employment and Outlook

Regions with increasing outlook (over 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 5 245 21% 5 17 22
Region 7 103 21% 2 7 9

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 21 10% 2 2
Region 2 38 16% 1 2 3
Region 4 37 14% 2 2

National Earnings

Average Annual Wage

$156,670

Average Hourly Wage

$75.32

Average Annual Range

$50,190 to $357,020

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook increasing
  The employment change from 2024 to 2034 is estimated to be +10%.
(The National average for all occupations is +3%)
Job Openings very small number
  A total of 2410 average annual openings are expected for this occupation between 2024 and 2034.
(The National Average for all occupations is 1,696 openings)
Employment medium occupation
  This was a medium sized occupation in the United States, employing 326,000 workers in 2024.
(The National average for all occupations is 152,838 workers)
Growth Much faster than average growth
  The primary driver of employment growth will be the aging population. As large numbers of baby boomers continue to retire, they are likely to seek planning advice from personal financial advisors. Also, longer lifespans will lead to longer retirement periods, further increasing demand for financial planning services. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (78.4%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (59.8%)
  • Self-employed workers (15.8%)
  • Credit intermediation and related activities (NAICS522000) (15.5%)